Wool trade

The wool trade refers to the business of producing, selling, and buying wool, a natural fiber obtained from sheep and other animals. This industry includes farming, processing, and manufacturing wool products, like clothing and textiles. Historically significant, the trade has shaped economies and cultures, particularly in regions like England and Australia. Wool is valued for its warmth, durability, and versatility. Today, the wool market faces challenges such as competition from synthetic fibers and environmental concerns. However, it remains important for sustainable fashion, as wool is biodegradable and renewable.